Morgan Stanley Maintains Overweight on United Airlines Holdings, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ravi Shanker maintains an Overweight rating on United Airlines Holdings (NASDAQ:UAL) and raises the price target from $80 to $88.
October 17, 2024 | 1:14 pm
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Morgan Stanley has reaffirmed its Overweight rating on United Airlines Holdings and increased the price target from $80 to $88, indicating a positive outlook.
The increase in price target from $80 to $88 by Morgan Stanley suggests a positive outlook for United Airlines Holdings. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on UAL's stock price as investors may view the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100